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20110701
20110731
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to be walking away from the negotiations that we've been engaged in here at the white house for a big deficit reduction and debt reduction package. we were offering a deal that caused for as much discretionary savings as the gang of six. we were calling for taxes that were less than what the gang of six had proposed. and we had -- we were calling for modifications to entitlement programs. this was an extraordinarily fair deal. if it was unbalanced, it was unbalanced in the direction of not enough revenue. nancy pelosi, harry reid, the democratic leadership, they sure did not like the plan that we were proposing to boehnor, but they were at least willing to engage in a conversation because they understood how important it is for us to actually solve this problem. and so far, i have not seen the capacity of the house republicans in particular to make those tough decisions. what a lot of the american people are so disappointed by is this sense that all the talk about responsibility, all the talk about the next generation, all the talk about making sacrifices, that when it comes to actually doing
more on that later. but we begin with the big fight in washington growing more desperate as the august 2nd deadline to raise the debt ceiling approaches. the key question this morning will we to see any progress this weekend? we go live to the white house for more. are they working this weekend and might we expect more progress here? >> reporter: we'll to see. there's a lot of closed door negotiations. that's the phase we're in now. we're a day closer to what many experts have called a financial catastrophe, six closed door meetings that they had in the west wing. the focus turns to congress. whether or not they can reach a deal on a dramatically scaled back version, not that grand bargain, something smaller but do it in time for august 2nd when the country is due to run out of cash. taking his case public for the second time in a week, president obama accused republicans of refusing to compromise. >> the problem is members of congress are dug in ideologically into various positions because they boxed themselves in with previous statements. >> reporter: with the clock ticking towards w
fitsity still. there's no legislative language. it looks like what could be a pretty big tax increase. the spending cuts i think are highly uncertain. it instructs the various committees of the senate and the house to come up with these spending cuts. we have no assurance that they will do that. we have no idea how they'll do that. then we asked the senate to vote on that. all of which suggests to me there are a number of ways in which this could fall apart. i give these guys all the credit in the world for really struggling and trying to make some progress on a tough issue. there's no assurance that it results in an outcome. if we can't agree on spending cuts now, why should we suppose at the end of this process which after all has been available to us for two years the senate won't even pass a budget, why we think that this will result in real spending cuts is not clear to me. >> the other dynamic here is the mcconnell-reid proposal. that is going to get to the floor at some point. now the idea of being that the gang of six proposal is too late to be scored by cbo to really be put i
will be here on set with us. >> this is big. >> huge. >> willie, who is going to be number one? are we looking at oklahoma? alabama? >> could be a tie situation. i have to say. we should point out vanderbilt got a great recruiting class. >> they did have a great recruiting class. >> they did. >> my understanding is the average s.a.t. just above 1300. unprecedented. for a co--ed football team. [ male announcer ] get ready for the left lane. the volkswagen autobahn for all event is back. right now, get a great deal on new volkswagen models, including the jetta, awarded a top safety pick by the iihs. that's the power of german engineering. hurry in and lease the jetta s for just $179 a month. ♪ visit vwdealer.com today. but when she got asthma, all i could do was worry ! specialists, lots of doctors, lots of advice... and my hands were full. i couldn't sort through it all. with unitedhealthcare, it's different. we have access to great specialists, and our pediatrician gets all the information. everyone works as a team. and i only need to talk to one person about her care. we're more than 78,000
if some big player decides to sell off. >> obviously i'm not qualified to speak on behalf of the markets and what they will or will not do, but just my own judgment based upon all the various kinds of conversations that are occurring, are that we will find a way to deal with this issue. we do know that the root cause of our debt and deficit problem is spending is just too high. we also want economic growth. we don't want to embrace policies that we sincerely believe will damage the economy and hurt job creation. if you do that, then you lose even more revenues. so what we want to do is get a downpayment on our deficit and debt by getting spending cuts. i think that there are constructive conversations that are occurring both sides of the rotund rotunda, both sides of pennsylvania avenue. i do believe cooler heads will prevail. >>> what are the constructive convsations? for instance, are some elements of the gang of six proposal, i know you said it's not specific enough, it doesn't go adequately to slowing the growth of health spending, but are there constructive cuts proposed so far that
. if you do nothing, you have a big jump in revenue. obama has been saying let's thai the bush tax cuts are going to lapse and we are going to extend the ones for the middle class. republicans are afraid to let him do that up front. it would kill momentum for a tax reform. >> but, but, but why just get rid of the bush tax cuts. if they are so awful, why not get rid of all of them. get rid of all of them for everybody. if tax cuts are the worst thing ever, the bush tax cuts, get rid of the bush tax cuts for everybody and raise billions in revenue. >> right. i think we could probably figure it out sitting around the table. i don't think it's that difficult. they are locked in in political terms. it's a much different issue to them. you can make rational compromises and deals here. the problem is, how do they do it. what's happening is they are at the point where they realize the consequences. at some point, they realize they have to do something other than hold the ground saying this is it. we're not going to change anything. we are at that point and we have little time to work with. >> h
is it shows that the united states system is not set up to do big things. when a crisis like this comes up they cannot do a deal that would show stability to the world. >> ronald reagan and tip o'neal made big deals. in the 1990s, bill clinton and the republican congress made big deals. and mika, it's not over yet, but it has gotten to the point already that this is damaging the reputation of the united states the longer it goes, and i think we're talking about it damaging our reputation more every day that the crisis goes on. >> i think both sides would agree with that. after a weekend of meetings resulting in yet another impasse, president obama is canceling two fundraisers today to continue negotiations. senate majority leader harry reid said the talks broke down last night because of the republicans insistence on a short-term deal, and their plan would cut $2.7 trillion over the next ten years. officials say it raises the debt ceiling but no tax increases. and he salaid out his latest solution. >> there will be a two-stage possible. it's not physically possible to do this in one step.
they are in crisis mode. a big vote coming this afternoon in the house. members will consider speaker john boehner's debt bill. but even if he can rein in tea party members to get it passed, 51 democratic senators vowed to block it. >> if this debate continues to be driven by the extremes, well, whether we go off the cliff august 2nd or go off the cliff at the end of the year, we'll be at the same place. >> i've got a little rebellion on my hands every day. it comes with the territory. >> you're not worried. >> never let them see you sweat. >> i think we'll end up in a stalemate. i anticipate that the boehner bill will get through the house today after he's pushed his folks kind of hard, and then it will be dead on arrival once it gets to the senate. >> of course, time is running out. default just five days away and things are getting so bad the u.s. treasury is now weighing which bills to pay if the country defaults. michael the correspondent for "washington post," and louise story, according to politico republican leaders are very prepared to say to the president take it or leave it. and if he l
'm a little bit of a restaurant of history. and there are a lot of real big things that have been gone in this country by executive order. president truman up until this point my favorite president of all times. integrated the armed services by executive order. couldn't get the congress to do it. there seemed to be little support for it my hometown senator left the democratic party buzz he did it and ran for president as a states rider. but the president did it. it was a bold move and as far as i can tell people like colin powell are very thankful that president truman did what he did. >> in the current case let me ask you about the whip count you were the whip and still a great vote counter are you and steny hoyer and nancy pelosi going to give john boehner an exit strategy with some democrat votes since it's clear he doesn't have enough votes just relying on republicans? >> if he were to come to the floor with a bipartisan bill, i think he would get bipartisan support. right now he's running this on his own within his own caucus. he is not involving nancy pelosi or steny hoyer or you
't. >> it could mean big losses on wall street and beyond. asian and european stocks are tight. the ceos of some of the biggest banks are expressing their concern. ceos of banks including goldman sachs, bank of america say this, a default on our nation's obligations or downgrade of america's credit rating would be a tremendous blow to business and investors in an already difficult economic circumstances. steve rattner. >> look, the fact is, this government, at the moment, ironically, at a time when people are saying let's not forget about jobs. this government is doing their best to destroy jobs as we are sitting here. business needs confidence. it needs some idea of what is going to happen. i don't know if you follow what's going out of the faa. there are 4,000 faa contractors out of work because the democrats and republicans can't agree on subsidies. they are just sitting there doing nothing instead of building infrastructure. the republicans and democrats can't agree on one tiny issue. >> there's no level of certainty. all different levels of this country. >> wouldn't that be the goal here, b
with political philosophy in the house. as the debt line approaches and house republicans are going to have a big choice -- they picked this fight with the president for a reason, the debt limit is not going to be raised unless we do something on the deficit projections now and in to the future. but the problem with the house republicans is, they never answered affirmatively in a politically sa political politically saliable way what the a the answer should be. you have to have a plan that can pass both chambers and the president can sign. otherwise, you're talking past the other party. >> the question is, nicole, what is republican position right now? at the end of last week, we had republican leaders on in the house, guys i like very much personally. been a champion of paul ryan. back from the time i met him, in 1994. but we ask, what do you want? and their position was, it's not enough to close the tax loopholes. we've got to cut tax rates, income tax rates for individuals and corporations. that's not going to happen in 2011. they know it's not going to happen. i say, okay, let's say you got t
cuts and big structural change but something smaller more likely to help the country limp bat of the deadline and then maybe start talks for a broerd change for social programs and the tax base. but this is a dire circumstance because there is so much hope about the cooperation between the speaker,er ek cantor and the president, and geithner. a serious impasse. the president will be able to tell us more when he comes to the microphone. i was told the president received a phone call within the last half hour or so and hill leaders just hearing about it today as well. and a lengthy letter going out to house colleagues saying there was never a deal, it was never close and they are breaking this off. >> this could also be speaker boehner feeling the pressure of the tea party. >> certainly. >> -- caucus in the house. and clearly if he is saying that gang of six proposal, we certainly haven't confirmed it, this could be him having to bow to pressure in his own caucus from some of tea party freshmen and the like. >> everybody move could be looked at through a political lens. this cou
's a really big misunderstanding about folks like myself that got elected in 2010. sure, i sprang from the tea party, but what the tea party is all about is we love this country. we realize we're bankrupting, and the only guarantee i made during the election is i would not vote -- i would never vote with my re-election might not. that's what i i came here for. i came here to actually fix the problem. that's a little different. the long-term politicians here aren't used to that type of commitment to saving our country. that's really the difference here, and until the political class here understands that, they're going to continue to misunderstand what the tea party is all about. not crazy. we're patriots. we love this country. we don't want to see it go bankrupt. >> senator ron johnson. good to have you on with us. >> thanks for having me on. >> the man who confessed to slaughtering at least 93 people in norway has been arraigned in court this morning. take a look. this is the photo just released, showing anders breivik leaving court. the judge ordered the court doors to be closed so he wouldn
? >> quite a big one, contessa. we can report that earlier this morning the house call center the communication arm of the house in charge of all the house telephones sent out an email to members saying quote, due to the high volume of external calls to the house telephone circuits they are near capacity. some members should be receiving busy signals. several house websites crashed specifically that of speaker of the house john boehner. the question is whether or not it will transfer into some sort of change of what the status quo is right now and that really is both sides digging in quite rigidly on their plans. democrats supporting harry reid's plan the $2.7 trillion cut across the board. republicans in favor of john boehner's plan, with an extension of the debt limit. that's where both sides are still very much. >> kristen, let's talk with you about where the white house goes from here. can they capitalize on this? the people are willing to go online -- i had trouble getting on the house website today maybe not correlated to how buzzy things are, certainly with the house ph
, rational approach to it. markets, actually, if they know there's a big deal behind it will be quite -- wouldn't they, john heilemann? >> i think so. the time is tough right now. listen to harry reid and mitch mcconnell who know how the senate works and how long it takes to do the following things, to reform medicare and tax reform. they are things that typically can take many months to get done. >> isn't it a surprise? it wasn't a surprise the show started at 6:00 a.m. on the east coast. it's no surprise we have a deadline. >> to build the legislation is not something that can happen in the span of four or five days. you can't. the key issue is what obama will be wanting to see is the outlines of a deal where he has a good assurance the outlines of the deal can get past once the meat is put on the bones. if that's the case and the markets see that, everything will be fine. whether it's a few days extension or a couple weeks, it's going to take a lot to get to that point. there's no consensus on the house side among house republicans in favor of what the gang of six is doing. as we s
was apparently trying to do, get a big deal in a balanced way. so, that's the good news. again, the details still have to come out and senator durbin, a member of the gang of six said yesterday, they don't have legislative language. the question is, you know, what can be done between now and august 2nd, if anything with the plan or do we need to continue to proceed with a back-up plan, plan b. >> chris, i was going to ask earlier, last hour to steve rattner who was here and suggested if the plan were to go forward, there would have to be a month or two month extension to allow the committee chairman and chairwoman in the house and senate to do their business. this would be the most dramatic reform of entitlement since the reagan era. there would have to be an extension of time for the debt ceiling, would there not? >> i think it's right. we would have to work out some interim arrangement to proceed down that road. again, exactly what the time line would be and that question would remain to be seen. the good news is this provides some additional momentum to the idea of getting something big done.
>>> well, the big story today, the real debt debate. good afternoon to you. happy monday to you. i'm name dylan ratigan and we have a major lineup for you today combining the powers of msnbc, the newly revamped dylanratigan.com and the huffington post to bring you a real conversation a way from the washington talking points. in the show today -- a d.r. exclusive with one of the true conservatives in this nation that i respect. senator tom coburn on the whys and hows behind higs new plan to save $9 trillion and more importantly seek to establish true confidence in america's political and economic problem-solving systems. also today a look at the real dheel would replace the taxes and austerity debate with tree structuring versus taxes and austerity as it may be the only solution that could not only save america but the world from long-term financial ruin. but it's a debate neither president obama nor republican leadership wants to touch. >>> before we step away, though, for senator coburn, let's look at what the rest of the lawmakers are doing, calling it the congressional two-step.
stick with me. we'll take it. go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. >>> coming up, is washington broken? former senator chuck hagel, mayor cory booker of newark, representative adam kinzinger, historian doris kearns goodwin and our own andr >>> and we're back with a special roundtable discussion this morning. joining me now, presidential historian doris kearns goodwin, host of msnbc's "andrea mitchell reports," our chief foreign affairs correspondent andrea mitchell, democratic mayor of newark, new jersey, cory booker, former republican senator chuck hagel of nebraska, and joining us for his first appearance on the program, republican congressman adam kinzinger. i didn't mess up the name. >> it's adam kinzinger, but that's all right. >> what'd i say? i'm sorry. >> it is my first time here. >> he was elected in 2010 with the tea party support and served as a captain in the air force, including tours in afghanistan and iraq. congressman, welcome very much. >> thanks. >> happy to have you. and welcom
pundits, there are more people who think they know everything about everything, and that's one of the big differences. that doesn't dismiss or excuse what happened between that exchange that you showed on the tv, but consensus is absolutely essential if we're to move this country along. >> go ahead. >> i'm sorry, i'm a little disgusted and a little angry because i see what's going on every day. we have a situation where the capitol is fiddling itself while the nation capitol is fiddling itself while the nation is burning. grandpare generation, during crisis, during the great depression, we we talk about our grandparents' generation, during crisis, during the great depression, we built the hoover dam, empire state building. and here i see in my cities around america and mine, infrastructure's crumbling around us. in that generation, we said we're going to go to the moon and we're going to do math and science and make sure our kids are prepared to go there. what's happening right now? nations are passing us in droves. over eight different countries now have a higher proportion of students g
Search Results 0 to 19 of about 20 (some duplicates have been removed)